Use of Word "I" or "We" in Audit Report
This query is : Resolved
Quick Summary
02 November 2023
I am registered as a proprietorship firm with ICAI. While drafting audit report, which word I should use is "I" or "We".
Further, it will be more helpful if any reference of ICAI material is provided.
Further, it will be more helpful if any reference of ICAI material is provided.
02 November 2023
Use I in case of prop firm and use We in case of partnership firm.
See the 3CB format.
FORM NO. 3CB
[See rule 6G(1)(b)]
Audit report under section 44AB of the Income -tax Act 1961,
in the case of a person referred to in clause (b) of sub - rule (1) of rule 6G
1. *I/we have examined the balance sheet as on, ……………………, and the *profit and loss
account/income and expenditure account for the period beginning from …………………..…to
ending on …………………………………., attached herewith, of ……………………(Name),
………………………
See the 3CB format.
FORM NO. 3CB
[See rule 6G(1)(b)]
Audit report under section 44AB of the Income -tax Act 1961,
in the case of a person referred to in clause (b) of sub - rule (1) of rule 6G
1. *I/we have examined the balance sheet as on, ……………………, and the *profit and loss
account/income and expenditure account for the period beginning from …………………..…to
ending on …………………………………., attached herewith, of ……………………(Name),
………………………
03 November 2023
I have gone through that form but no where it was mentioned that Poprieotor Ship frim should use "I".
Further, ICAI has issued engagement letter format in which:
Partnership - We
Proprietorship with FRN - We
Individual without FRN - I
Based on this, I have raised the query. I hope you will understand my concern.
Further, ICAI has issued engagement letter format in which:
Partnership - We
Proprietorship with FRN - We
Individual without FRN - I
Based on this, I have raised the query. I hope you will understand my concern.
04 November 2023
You can use We with FRN.
04 November 2023
Any source as per your suggestion
04 November 2023
It's general practice...
...
...
04 November 2023
THANK you for valuable suggestions
04 November 2023
You are welcome...
....
....
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